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BoA expects a softer USD in the next 18 months, not optimistic on tech driven productivity

BoA expects a softer USD in the next 18 months, not optimistic on tech driven productivity
Bank of America (BofA) has revealed its base case for the foreign exchange market, with a stance that is less techno-optimistic. The bank anticipates moderate softness in the US dollar (USD) through to the end of next year, 2024. Key Points: 1. Moderate USD Softness Expected: BofA is forecasting that the US dollar will experience moderate softness through the end of next year. 2. Not Banking on Technology Boost: Despite some expectations that technological advancements might contribute to prod... Read More
Posted: Jul 4 2023, 23:30
Author Name: forexlive
Views: 102726

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